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The UK government has decided to extend safeguard quotas for a further two years to end-June 2024 on the five categories of steel products on which they are set to lapse next week, Kallanish notes. The decision has been lauded by UK Steel, whose director general, Gareth Stace, says the move “will guard against anticipated surges in imports from trade diverted away from the US and EU markets that will remain shielded for years to come. Such surges would have …
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